Socious Fund Round 1

The Socious Fund Round 1 is a grant initiative spearheaded by Socious Global Inc., designed to democratize access to funding for social impact projects through a community-driven, quadratic funding model. This platform emphasizes inclusivity and aims to support underrepresented founders and social entrepreneurs globally. Socious Fund utilizes a unique approach where funding is determined not by personal networks or wealth, but by the collective voice and impact of the community. This approach ensures a more equitable distribution of resources, emphasizing the number of supporters, their contribution history, and the financial donations they offer to projects. The fund targets a wide array of initiatives focused on areas such as education, poverty alleviation, environmental sustainability, public health, and arts and culture with a community benefit. Eligible entities include nonprofits, social enterprises, impact startups, and similar organizations that have a clear mission aligned with societal or environmental good. Importantly, the program is open to applicants from all over the world, with no geographical restrictions specified. The application process is composed of four main steps. First, applicants must submit their project profile along with documentation supporting its social impact, during the submission period which spans from June 14, 2025, to August 24, 2025. This initial submission is also used for verification purposes, particularly to confirm alignment with 501(c)(3) status, enabling potential tax-deductible contributions. Next, projects that pass verification enter the community voting phase starting on August 26, 2025, and ending on October 7, 2025. During this period, community members can vote and donate. Votes carry more influence if the voter is verified, has made prior contributions to social causes, and has donated to the project, all of which factor into an individual’s "Impact Score." The Extended Quadratic Funding model used in this program calculates the final funding amount based on both the number and quality of votes and donations received. Each project will receive dual funding: direct donations from supporters and matching grants from a $500,000 pool. Additionally, the fund is set to deploy $1.5 million over the course of 2025, of which this round’s pool forms a part. Projects that receive funding must report on their impact and milestones regularly, which helps maintain transparency and trust within the community and contributes to future funding opportunities through improved Impact Scores. Socious Fund encourages early and consistent engagement with potential supporters, offering numerous tips to improve visibility and support, such as completing KYC verification, crafting compelling stories, sharing updates frequently, and actively involving verified supporters. The organization also incentivizes participants through THANK tokens and emphasizes the importance of transparency, verified credentials, and prior contributions to community projects. No specific contact information such as email or phone number is directly provided in the source materials, although support is implied through the mention of a support team and an invitation to join their Discord community. Given that this is a recurring program and future rounds are expected, applicants should watch for upcoming opportunities and maintain engagement with the platform to improve their project's chances in future funding cycles.

Share personal stories, set clear goals, post regular updates, engage supporters to verify identity, donate, and share the project to maximize funding.